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1 MA (Economics) First Semester Examination (Year 2013) Advanced Economic Analysis Subject Code : MA Paper Code : JPP-71 Time : 20 Minutes M.Marks : 10 Section A Objective Type Questions Attempt All Questions (Each question carries 1/2 marks). Use the symbol (√) in the box for marking the correct answer. Q.No. 1. Choose the correct answer 1. “Economics is a science of material welfare of man”. Who gave the definition? a) J.M. Keynes c) Marshall b) Robbins d) None of the above 2. “Opportunity cost” is defined as – a) The amount of one commodity forgone to a unit of the opportunity cost of the other commodity b) It is the cost incurred to a consumer for certain amount of goods in the market. c) It is the total cost incurred to a consumer in the market for commodity of his choice. d) None of the above. 3. Marginal utility- a) Increases with increase in consumer stock for every increase in stock. b) Decreases with a given increase of his stock diminishes with every increase in his stock. c) Remains constant with every increase of his stock d) None of the above. Roll No. Enrollment No.

MA (Economics) First Semester Examination (Year 2013 ......definition? a) J.M. Keynes c) Marshall b) Robbins d) None of the above 2. “Opportunity cost” is defined as – a) The

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1

MA (Economics) First Semester Examination (Year 2013) Advanced Economic Analysis

Subject Code : MA

Paper Code : JPP-71 Time : 20 Minutes

M.Marks : 10

Section A

Objective Type Questions

Attempt All Questions (Each question carries 1/2 marks). Use the symbol (√) in the box for

marking the correct answer.

Q.No. 1. Choose the correct answer –

1. “Economics is a science of material welfare of man”. Who gave the

definition?

a) J.M. Keynes c) Marshall

b) Robbins d) None of the above

2. “Opportunity cost” is defined as –

a) The amount of one commodity forgone to a unit of the

opportunity cost of the other commodity

b) It is the cost incurred to a consumer for certain amount

of goods in the market.

c) It is the total cost incurred to a consumer in the market

for commodity of his choice.

d) None of the above.

3. Marginal utility-

a) Increases with increase in consumer stock for every increase

in stock.

b) Decreases with a given increase of his stock diminishes with

every increase in his stock.

c) Remains constant with every increase of his stock

d) None of the above.

Roll No.

Enrollment No.

2

4. A “budget line” does not depend on –

a) Price of commodity c) Stock

b) Money income d) None of the above

5. A good is not a “giffin good” under condition

a) A good must be inferior good with a large negative income

effects.

b) The substitution effects must be large

c) The proportion of income spent upon inferior good be very large

d) None of the above

6. “Consumer Surplus” is-

a) The surplus of goods with the consumer

b) Surplus of money with the consumer

b) The difference between the price one is willing to pay and the

price one actually pays for a particular product.

d) None of the above.

7. “Human Capital” is –

a) The labour employed in production per unit of product

b) The stock of education, skill, health of the society

c) The hidden potential of the human beings

d) None of the above

8. “Average Product” is –

a) The ratio of labour to output

b) The ratio of labour and capital to output

c) The ratio of capital to output

d) None of the above

3

9. Elasticity of „technical substitution‟ is –

a) Proportionate change in the ratio of labour and capital

b) Proportionate change in the marginal rate of technical

substitution of L for K.

c) Ratio of proportionate change in the ratio of K/L to proportionate

change in marginal rate of technical substitution of L for K

.

d) None of the above

10. “Average cost” is –

a) The ratio between labour and capital cost

b) Ratio between labour cost and output

c) Ratio of total cost to total output

d) None of the above

11. “Positive Economics” is –

a) Concerned with what ought to be

b) What it is

c) Changing negative to positive

d) None of the above

12. Micro economics does not deal with –

a) Production of a sector c) Behaviour of consumers

b) The behaviour of firms d) None of the above

13. „Cardinal Utility‟ is not –

a) Which depends on money

b) Measured in terms of satisfaction in relative forms

c) Is the utility of a good in the market

d) None of the above

4

14. „Revealed Preference Theory‟ was given by-

a) Hicks c) Samuelson

b) Schumpeter d) None of the above

15. “Elasticity of demand” does not depend upon –

a) Income change c) Investment

b) Price change d) None of the above

16. Which one is incorrect-

a) If fall in price of a commodity causes total expenditure

(or total revenue) to increase, the demand for the good is elastic

( ep > 1)

b) If fall in price of a commodity does not bring about any

change in total expenditure (or total revenue) the demand for

the commodity is inelastic ( ep < 1)

c) When price falls, there is no change in demand of a good

d) None of the above

17. Gross elasticity of demand is –

a) Ratio of percentage change in quantity demanded of X to

percentage change in price of X

b) Ratio of percentage change in quantity demanded of X to

percentage change in price of Y.

c) Ratio of percentage change in quantity demanded of Y to

percentage change in quantity demanded of Y

d) None of the above.

18. Cobb-Douglas production function is given by –

a) Q = AL2 k

2 b) Q = AL2 p2

c) Q = AL d) None of the above

5

19. Technical change is –

a) Changes in capital productivity in time

b) Changes in labour productivity in time

c) Changes in capital and labour productivity

d) None of the above

20. Elasticity of supply is –

a) Ratio of changes in quantity supplied to changes in price

b) Ratio of changes in quantity supplied relative to demand

c) Ratio of changes in supply relative to choice of consumers.

d) None of the above

------------------

1

MA (Economics) First Semester Examination (Year 2013) Advanced Economic Analysis

Subject Code: MA

Paper Code: JPP-71 Time : 2:40 Minutes

M.Marks : 60

Section – B (Short Answer Type Questions)

Attempt all questions (each question carries 4 marks)

Q.No.2. List characteristics of Micro Economics.

OR

Write short note on any one –

a) Positive Economics

b) Normative Economics

Q.No.3. Write a short note on any one-

a) Marginal rate of substitution

b) Law of diminishing marginal utility.

OR

Write a short note on “Giffin Paradox”.

Q.No.4. Write a short note on “Revealed Preference Theory of Demand”.

OR

Write a short note on “Price Elasticity of Demand”.

Q.No.5. Write a short note on “Consumer Surplus”.

OR

Write a short note on “Consumer choice under uncertainty”.

Q.No.6. Write short note on “Cobb-Douglas Production Function”.

OR

Write short note on “Law of Diminishing Returns”.

Roll No.

2

Section C

(Long answer type questions) Attempt all questions (each question carries 8 marks)

Q.No.7. Explain Robbin’s concept of society and choice. Critically

evaluate it.

OR

Explain micro economics problems in Indian Economy.

Q.No.8. What are the difference between approaches of utility analysis by

Marshall and Hicks? Explain the difference between “Cardinal

Utility” and “Indifference Curve” approaches”.

OR

What do you mean by “Budget line”? Explain “Consumer

Equilibrium” under different conditions.

Q.No.9. What are the consumer choices under uncertainties? Explain it in

detail.

OR

What do you mean by “revealed preferences”? Explain revealed

preference Theory.

Q.No.10. What do you mean by elasticity of demand? Explain price and

income elasticity of demand by giving appropriate formulas.

OR

What is Consumer Surplus? Critically evaluate the Marshallian

concept of Consumer Surplus.

Q.No.11. What do you mean by capital? Explain the importance of human

capital in India in production of goods and services.

OR

Explain the Law of Variable Production. How the diminishing

returns may be avoided? Explain it.

------------------

1

M.A. (Economics) First Semester Examination (Year 2013)

MACRO ECONOMICS Subject Code: MAE-102

Paper Code: JPP-72 Time : 20 Minutes

M.Marks : 10

Section A

Objective Type Questions

Attempt All Questions (Each question carry ½ mark). Use the symbol (√) in the box for marking

the correct answer.

lHkh iz’u vfuok;Z gSaA izR;sd iz’u gsrq 1@2 vad fu/kkZfjr gSaA lgh mRrj gsrq fn;s x;s ckDl esa (√) fpUg dk iz;ksx djsaA

Q.1. Choose the correct answer-

1. Which sectors are included in three sector economy?

Rkhu {ks=h; vFkZO;oLFkk esa dkSu&dkSu ls {ks= lfEefyr jgrs gSa\

a) Domestic Sector b) Business Sector

?kjsyw {ks= O;olkf;d {ks=

c) Government Sector d) All the above

ljdkjh {ks= mi;qZDr lHkh

2. Income method is called-

vk; fof/k dks dgrs gSa&

a) Factor payment method b) Production method

lk/ku Hkqxrku fof/k mRiknu fof/k

c) Expenditure method d) Production and Income

method

O;; fof/k mRiknu ,oa vk; fof/k

3. GNP (Gross National Product) is-

Lkdy ?kjsyw mRikn gS&

a) C+I+(X-M)+G b) C+I +(M-X)+G

c) C+I-(X-M)+G d) C+I-(X-M)-G

4. Generally what is the relation between national income and economic welfare?

lkekU; rFkk jk"Vªh;vk; ,oa vkfFkZd dY;k.k esa dSlk lEcU/k gksrk gS\

a) Straight b) Opposite

lh/kk foijhr

c) Neutral d) None of these

rVLFk mi;qZDr esa dksbZ ugha

5. Concept of consumption function was proposed by-

miHkksx Qyu dh /kkj.kk dk izfriknu fd;k&

a) Prof. Marshall b) Prof. Keynes

izks- ekk’kZy izks- dhUl

c) Prof. Robbins d) Prof. Hicks

izks- jksfcUl izks- fgDl

Roll No.

Enrollment No.

Invigilator’s

Signature

2

6. Investment function depends on-

fofu;kstu Qyu fuHkZj djrk gS&

a) Marginal productivity of capital b) Interest Rate

iw¡th dh lhekUr mRikndrk ij C;kt dh nj ij

c) Both d) None of the above

mi;qZDr nksuksa mi;qZDr esa ls dksbZ ugha

7. Equation of multiplier is –

xq.kd dk lehdj.k gS&

DY DI

a) K= DI b) K = DY

I Y

c) K= Y d) K = I

8. What is truth about tax?

dj ds laca/k esa D;k lR; gS\

a) It is a compulsory contribution

dj ,d vfuok;Z va’knku gSA

b) It is a compulsory bet of getting profit by paying tax

ykHk izkIr gksuk dj vnk;xh dh vfuok;Z 'krZ gS

b) Tax is not related to service cost

dj dk lsok ykxr ls dksbZ laca/k ughaA

d) Tax is a legal payment

dj ,d dkuwuh olwyh gSA

9. The objective of liquidity demand of money is-

eqnzk dh rjy ek¡x dk mn~ns’; gS&

a) Transactive motive b) Far vision motive

lkSnk mn~ns’; nwjnf’kZrk fl)kUr

c) Speculative motive d) All the above

lÍk mn~ns’; mi;qZDr lHkh

10. M2 includes-

M2Eksa lfEefyr fd;k tkrk gS&

a) M1+Deposit in Saving Bank of Post Office

M1+Mkd ?kjksa esa cpV cSad esa tek

c) M1+Fixed deposit of Bank

M1+cSad dh lkof/k tek

d) Both the above

mi;qZDr nksuksa

e) None of these

mi;qZDr dksbZ ugha

11. Monetary policy in India is prepared by-

Hkkjr esa ekSfnzd uhfr dk fuekZ.k djrh gS&

a) Reserve Bank of India b) International Monetary Fund

Hkkjrh; fjtoZ vUrZjk"Vªh; eqnzk dks"k

c) World Bank d) All the above

fo’o cSad mi;qZDr lHkh

3

12. Name the Interest Theory given by Keynes-

dhUl }jk fn;s x;s C;kt ds fl)kUr dk uke crk;sa&

a) Lonable Fund Theory b) Demand & Supply Theory

m/kkj ns; dks"k fl)kUr izfrf"Br fl)kU

c) Liquidity Preference Theory d) Classical Theory

rjyrk vf/keku fl)kUr izfrf"Br fl)kUr

13. Say’s law of market is –

^ls dk cktkj fu;e gS&

a) Supply creates its own supply

iwfrZ viuh iwfrZ Lo;a fu/kkZfjr dj ysrh gS

b) Supply creates its own demand

iwfrZ viuh ek¡x Lo;a fu/kkZfjr dj ysrh gS

c) Supply is equal to demand

iwfrZ ek¡x ds cjkcj gksrh gS

d) Demand is equal to supply

ek¡x iwfrZ ds cjkcj gksrh gS

14. Classical Theory of interest is also called-

C;kt dk izfrf"Br fl)kUr dkykrk gS&

a) Saving Investment b) Demand and Supply Theory

Theory

Ckpr fou;ksx fl)kUr ek¡x ,oa iwfrZ fl)kUr

c) Realistic Theory d) All the above

okLrfod fl)kUr mi;qZDr lHkh

15. The equilibrium of aggregate demand and aggregate supply determines the-

Lkexz ek¡x ,oa lexz iwfrZ larqyu fu/kkZfjr djrk gS&

a) Wage Level b) Effective Demand

etnwjh Lrj izekf.kr ek¡x

c) Consumption Level d) Interest

miHkksx Lrj C;kt

16. Classical Theory of employment assumes-

jkstxkj dk izfrf"Br fl)kUr ekurk gS&

a) Full Employment Equilibrium b) Under developed equilibrium

iw.kZ jkstxkj lkE; vYi fodflr lkE;

c) Disguised Unemployment d) Cyclical Unemployment

Equilibrium Equilibrium

Nqih gqbZ csjkstxkjh pdzh; csjkstxkjh lkE;

17. Consumption propensity in short term-

miHkksx izo`fRr vYidky esa gksrh gS&

a) Changes b) Remains stable

ifjofrZr fLFkj gksrh gS

c) Both the above d) None of these

mi;qZDr nksuks mi;qZDr dksbZ ugha

4

18. Formula for marginal propensity to investment is-

lhekUr fofu;ksx izo`fRr dk lw= gS&

DY DI

a) MPI = DI b) MPI = DY

c) MPI = I x Y d) MPI = I+Y

19. Determinant factors of marginal productivity of capital are-

iw¡th dh lhekUr mRikndrk ds fu/kkZjd rRo gSa&

a) Future Income b) Supply Price

Hkkoh vk; iwfrZ dher

c) Both d) None of the above

mi;qZDr nksuksa mi;qZDr dksbZ ugha

20. Average Consumption Propensity is-

vkSlr mi;ksx izo`fRr gksrh gS&

C Y

a) Y b) C

c) C x Y d) C + Y

------------------

1

M.A. (Economics) First Semester Examination (Year 2013)

MACRO ECONOMICS Subject Code : MAE-102

Paper Code : JPP-72 Time : 2:40 Minutes

M.Marks : 60

Section – B (Short Answer Type Questions)

Attempt all questions (each questions carry 4 marks)

Q.2. What are the limitations of Macro Economics?

lef"V vFkZ’kkL= dh lhek,¡ D;k gS\

OR

What do you mean by GDP and GNP?

GDP ,oa GNP ls vki D;k le>rs gSa\

Q.3. Explain leakages of multiplier

Xqk.kd ds fjlko le>kbZ;sA

OR

Explain the factors influencing marginal efficiency of capital.

iw¡th dh lhekUr mRiknDrk dks izHkkfor djus okys rRoksa dks le>kbZ;sA

Q.4. Describe the various components of money supply.

Ekqnzk dh iwrhZ ds fofHkUu rRoksa dk o.kZu dhft;sA

OR

What is “Liquidity Trap”?

^^Rkjyrk tky^^ D;k gS\

Q.5. What is Say’s law of market?

ls dk cktkj fu;e D;k gS\

OR

What is meant by “Effective Demand”.

izHkkoiw.kZ ek¡x ls vki D;k le>rs gSa\

Q.6. Write determinants of Investment.

fofu;kstu ds fuo/kfjd rRo fyf[k;sA

OR

Write a short note on saving and investment in India.

Hkkjr esa cpr ,oa iw¡th fuekZ.k dh izo`fRr ij ,d laf{kIr ys[k fyf[k;sA

Roll No.

2

Section C

(Long answer type questions) Attempt all questions (each questions carries 8 marks)

Q.7. Explain the various concepts related to National Income.

jk"Vªh; vk; ls lacaf/kr fofHkUu /kkj.kkvksa dh O;k[;k dhft;sA

OR

What is Economic Welfare? Is Economic Welfare an indicator of total welfare?

Explain.

vkfFkZd dY;k.k D;k gS\ D;k vkfFkZd dY;k.k dqy dY;k.k dk lwpd gS\ le>kbZ;sA

Q.8. Critically examine the theory of multiplier.

Xqk.kd ds fl)kUr dk vkykspukRed ijh{k.k dhft;sA

OR

What do you understand by Consumption Function? Explain the factors which

determine it.

miHksx Qyu ls vki D;k le>rs gSaA bls fu/kkZfjr djus okys rRoksa dh O;k[;k dhft;sA

Q.9. What is Monetary Policy? Discuss its instruments in detail.

ekSfnzd uhfr D;k gS\ blds midj.kksa dh foLrkj ls foospuk dhft;sA

OR

Critically examine the Liquidity Preference Theory of interest.

C;kt ds rjyrk ilanxh fl)kUr dh vkykspukRed O;k[;k dhft;sA

Q.10. Write an essay on Unemployment in Indian Economy.

Hkkjrh; vFkZO;oLFkk esa csjkstxkjh ij ,d fucU/k fyf[k;sA

OR

Explain critically the Modern Theory of Interest.

C;kt ds vk/kqfud fl)kUr dh vkykspukRed O;k[;k dhft;sA

Q.11. Clearly distinguish between “Average Propensity to Consume (APC) and Marginal

Propensity to Consume (MPC). Also explain factors affecting the consumption.

vkSlr miHkksx izo`fRr(APC) rFkk lhekUr miHkksx izo`fRr(MPC). esa varj crkbZ;sA miHkksx

izo`fRr dks izHkkfor djus okys rRoksa dh O;k[;k Hkh dhft;sA

OR

Write short notes on-

fVIi.kh fyf[k;s%&

i) Marginal Efficiency of Capital (MEC)

iw¡th dh lhekUr mRikndrk(MEC)

ii) Marginal Efficiency of Investment (MEI)

fofu;ksx dh lhekUr mRikndrk(MEI)

------------------

1

MA (Economics) First Semester Examination (Year 2013)

PUBLIC ECONOMICS Subject Code: MAE -103

Paper Code: JPP-73 Time : 20 Minutes

M.Marks : 10

Section A

Objective Type Questions

Attempt All Questions (Each question carry ½ mark). Use the symbol (√) in the box for

marking the correct answer.

Q.1. Choose the correct answer-

1. What is the role of Government in organized society:-

a) More Production b) Social Security and Public

Welfare

c) Labour Welfare d) All of the above

2. Maximum social advantage theory given by-

a) Vegnar b) Pigou

c) Dr. Daltan d) Mesgrave

3. Which of the following is not part of fiscal policy?

a) Taxation b) Public Debt

c) Deficit Finance d) Monetary Policy

4. President of 13th

Finance Commission is-

a) Dr.Rangrajan b) K.C.Niyogi

c) Vijay Kelkar d) None of these

5. First Finance Commission was established in-

a) 1948 b) 1950

c) 1951 d) 1956

6. “Taxable capacity is a demand confused conception”. This statement is given

by-

a) Taylor b) Demarc

c) Dalton d) None of these

7. The objective of Taxation is-

a) To earn public revenue

b) To reduce inequalities of distribution of the wealth

c) To increase national income

d) All of the above

Roll No.

Enrollment No.

Invigilator’s

Signature

2

8. “The Theory of Public Finance” is written by-

a) R.A.Musgrave b) James Buchanan

c) J.M.Keynes d) J.D.Sethi

9. Main sources of finance are:

a) Taxation b) Borrowing

c) Non Tax Resources d) All of the above

10. 13th

Finance Commission is-

a) 2000-2005 b) 2005-2010

c) 2010-2015 d) None of these

11. The concept of Zero Based Budget (ZBB) was given by-

a) R.A.Musgrave b) J.M.Keynes

c) Peter A. Pyhr d) A.H.Hansen

12. The tax multiplier is generally-

a) Greater than the Govt. expenditure multiplier

b) Equal to the Govt. expenditure multiplier

c) Less than the Govt. expenditure multiplier

d) Equal to the investment multiplier

13. MODVAT means-

a) Modified Value Added Tax

b) Moderate Value Added Tax

c) Modest Value Added Tax

d) Modern Value Added Tax

14. In India, the State gets maximum income from-

a) Sales Tax b) Land Revenue

c) Agricultures Income d) State Excise Duties

Tax

15. Which one of the following concepts of Budget Deficit has become practically

redundant in India?

a) Fiscal Deficit b) Budgetary Deficit

c) Primary Deficit d) Revenue Deficit

16. Cannon of equity in taxation is generally considered to be satisfied by-

a) Proportional Taxation b) Progressive Taxation

c) Regressive Taxation d) Lump sum Tax

3

17. Who appoints the Finance Commission?

a) President of India b) Prime Minister of India

c) Chairman of Rajya d) Speaker of the Lok

Sabha Sabha

18. Which one of the following taxes is not levied by the State Governments?

a) Agricultural Income Tax

b) Profession Tax

c) Excise on Liquor

d) Corporation Tax

19. The one Rupee currency rate bears the signature of-

a) Governor, Reserve Bank of India

b) The Minister for Finance

c) Chairman, State Bank of India

d) None of these

20. Who introduced “Prestige Value goods”?

a) Prof. Mesgrave b) Prof. Mathus

c) Prof. Hicks d) None of these

------------------

1

MA (Economics) First Semester Examination (Year 2013)

PUBLIC ECONOMICS Subject Code : MAE -103

Paper Code : JPP-73 Roll No. Time : 2:40 Minutes

M.Marks : 60

Section – B (Short Answer Type Questions)

Attempt all questions (each question carries 4 marks)

Q.2. Present the gist of the theory of public choice.

OR

Write short note on –

i) Majority voting

ii) Collective decision making.

Q.3. Explain the role of Government in organized society.

OR

Explain the Dalton’s theory of maximum social advantage.

Q.4. Explain the “increasing role of public expenditure in developing countries”?

OR

Explain reforms or changes in “Expenditure Budgeting”.

Q.5. The allocative effects of indirect taxes are inferior to those of direct taxes. Discuss.

OR

Discuss Cannons of taxation of Central Government.

Q.6. What is source of Public Debt?

OR

What do you understand by the burden of Public Debt?

2

Section C

(Long answer type questions) Attempt all questions (each questions carries 8 marks)

Q.7. Discuss the areas of market failure. What is the role of government in economic

development?

OR

Explain how public finance can assist economic development and the maintenance of stable

prices.

Q.8. Describe the role of Govt. in economic planning and development.

OR

Explain the concept and objectives of Fiscal Policy?

Q.9. What are the cannons of Public Expenditure? Explain clearly.

OR

The Public Expenditure has now become an important “ instrument in the fiscal policies of

most modern governments in attaining the economic stability”. Do you agree with this

statement? Give reasons for your answer.

Q.10. Discuss the effects of taxation on-

i) ability to work and save and

ii) desire to work and save

OR

Discuss the concept of taxable capacity. Explain the factors which determine the taxable

capacity of a commodity.

Q.11. Discuss the role of Public Debts in developing and underdeveloped economies. Point out the

importance of savings in Public Debts.

OR

What is Deficit Financing? Does it always lead to a rise in prices? Give reasons.

------------------

1

M.A. (Economics) First Semester Examination (Year 2013) Quantitative Techniques Subject Code: MAE-104

Paper Code: JPP-74 Time : 20 Minutes

M.Marks : 10

Section A

Objective Type Questions

Attempt All Questions (Each question carry 1/2 mark). Use the symbol (√) in the box for

marking the correct answer.

lHkh iz’u vfuok;Z gSaA izR;sd iz’u gsrq 1@2 vad fu/kkZfjr gSaA lgh mRrj gsrq fn;s x;s ckDl esa (√) fpUg dk iz;ksx djsaA

Q. 1. Choose the correct answer –

1. If Arithmetic mean is 12 and median is 16, then the mode will be-

;fn lekUrj ek/; 12 vkSj e/;dk 16 gks rks cgqyd gksxk&

a) 21 b) 24

c) 20 d) 22

2. Which of the following is the positional Ayer?

fuEufyf[kr esa ls dkSu&lk fLFkfr dk ek/; gS&

a) Arithmetic mean b) Geometric mean

lekUrj ek/; T;kferh; ek/;

c) Median d) None of these

e/;dk mi;qZDr esa ls dksbZ ugha

3. Value of mode in any series is-

fdlh Js.kh dk cgqyd ewY; gksrk gS&

a) Mid value b) Value of maximum

e/;orhZ ewY; frequency

lokZf/kd vko`fRr okyk ywY;

c) Value of minimum frequency d) None of these

U;wure vko`fRr okyk ewY; buesa ls dksbZ ugha

4. Best method of measurement of dispersion is-

vifdj.k dks ekius dh loksZRre fof/k gS&

a) Mean deviation b) Range

ek/; fopyu foLrkj

c) Quartile deviation d) Standard deviation

prqFkZd fopyu izeki fopyu

Roll No.

Enrollment No.

Invigilator’s

Signature

2

5. The formula for coefficient of variation is-

fopj.k xq.kkad dk lw= gS&

a) C.V. = ×100 b) C.V. = x ×100

x

c) C.V. = d) None of these

x buesa ls dksbZ ugha

6. Differential coefficient of function xn is -

Qyu xn dk vody xq.kkad gksxk&

a) xn-1 b) xn+1

c) nxn-1 d)

1

𝑥

7. Under what circumstances, the Cramer‟s rule is applied in solving Linear

Simultaneous Equation?

Øsej dk fu;e js[kh; ;qxir lehdj.k gy djus dh fdl fLFkfr esa iz;qDr gksrk

gS&

a) Two unknown variables b) Three unknown variables

nks vKkr eku rhu vKkr eku

c) Both of the above d) None of these

mi;qZDr nksuksa mi;qZDr esa ls dksbZ ugha

8. If two Regression Coefficients are 0.2 and 0.8, then the value of correlation

will be–

;fn nks izfrixeku xq.kkad 0-2 vkSj 0-8 gS] rks lglaca/k xq.kkad gksxk&

a) 0.16 b) 0.10

c) 0.4 d) 0.6

9. Father of „Statistics‟ is-

^Lkkaf[;dh^ds tUenkrk gS&

a) Seligman b) Sacrist

lksfyxeSu lsdzkbLV

c) Gottfried Achenwall d) None of these

xkWVQk;M vkdsuoky buesa ls dksbZ ugha

3

10. The equation of the regression line of „y on x‟ is:

„X ij y‟ dh izrhxeu js[kk dk lehdj.k gS&

a) b)

c) d)

11. Standard deviation is determined only by–

izeki fopyu dsoy buls fudkyk tkrk gS&

a) Median b) Mode

e/;dk cgqyd

c) Geometric mean d) None of these

xq.kksRrj ek/; buesa ls dksbZ ugha

12. The coefficient of range is-

foLrkj xq.kkad gS&

a) b)

c) d)

13. Who defined “Statistics is the science of counting”?

^^lkaf[;dh x.kuk dk foKku gSA** ifjHkk"kk nh gS&

a) Dr.Bowley b) Boddington

MkW-ckmys ckWfMaxVu

c) W.I.King d) Seligman

W.I.fdax lsfyxeSu

14. Index number of base year is always -

vk/kkj o"kZ dk funsZ’kkad lnSo gksrk gS&

a) 0 b) 100

'kwU; lkS

c) 1000 d) None of these

,d gtkj buesa ls dksbZ ugha

15. Which one is not a Method of Interpolation?

vkUrjx.kuk dh jhfr dkSu&lh ugha gSS&

a) Karl Pearson‟s Method b) Binomial Expansion

Method

dkyZ fi;lZu dh jhfr f}in foLrkj jhfr

c) Sterling‟s Formula d) Lagrange‟s Method

LVkfyZax dk lw= ySxzsat dh jhfr

4

16. The formula for calculating mode (z) with the help of mean and median is-

lekUrj ek/; rFkk e/;dk dh lgk;rk ls cgqyd (Z) Kkr djus dk lw= gS&

a) Z=3M-2 x b) Z=2M-3 x

c) Z=4M- x d) Z=M-4 x

17. If 4 X + 2 Y = 6, value of Y in terms of X is-

;fn 4X+2Y=6 gkss] rks X ds inksa esa Y dk eku gS&

a) 3+2X b) 6-X

c) 3-2X

d) 3+𝑋

2

18. The method of „Statistics‟ is:

^lkaf[;dh^ i)fr gS&

a) Collection b) Presentation

laxzg.k izLrqfrdj.k

c) Collection & Presentation d) None of these

laxzg.k o izLrqfrdj.k muesa ls dksbZ ugha

19. Formula of coefficient of Standard Deviation (S.D.) is-

izeki fopyu xq.kkad dk lw= gS&

a) Standard deviation izeki fopyu

Mean ek/;

b) Standard deviation izeki fopyu

Mediam e/;dk

c) Mean ek/;

Standard deviation izeki fopyu

d) Mean ek/;

Mode cgqyd

20. “Time Reversal Test” for the Index number will be-

funsZ’kkad ds fy;s le; mRdzkE;rk ijh{k.k gksxk&

a) P10×Q10=1 c) P10×Q01=1

a) P01×Q01=∑𝑝1𝑞1

∑𝑝 ˳𝑞˳ d) P01×P10=1

------------------

1

M.A. (Economics) First Semester Examination (Year 2013) Quantitative Techniques Subject Code : MAE 104

Paper Code : JPP-74

Time : 2:40 Minutes

M.Marks : 60

Section – B

(Short Answer Type Questions)

Attempt all questions (each question carries 4 marks)

Q.No.2. Define correlation and describe the types of correlation.

lglaca/k dh ifjHkk"kk nhft;s vkSj mlds izdkj crkbZ;sA

OR

The average height of 100 students was 168.8 cm and coefficient of variation

was 3.2%. What was the standard deviation?

100 Nk=ksa dh yackbZ dk ek/; 168-8 lseh rFkk fopj.k xq.kkad 3-2% FkkA izeki

fopyu D;k FkkA

Q.No.3. What do you understand by Simultaneous Equation? Write down the names of

methods for solving Simultaneous Equation.

;qxir lehdj.k ls vki D;k le>rs gSaA ;qxir lehdj.k gy djus dh fof/k;ksa ds

uke fyf[k;sA

OR

If D = 100........., S= 4 P, then find equilibrium price and quantity.

;fn D= 100

𝑃,S= 4P gS rks lkE; dher o ek=k Kkr dhft;sA

Q.No.4. Explain simply the ‘Differentiation’.

^vodyu^ ljy Hkk"kk esa le>kb;sA

OR

Find the derivative of the function Y=X 5

?

Qyu Y=X 5 dk vodyu Kkr dhft;sA

Q.No.5. Distinguish between Regression and Correlation.

izrhixeu vkSj lglaca/k esa varj crkbZ;sA

OR

Find out the value of V if b YX =0.64 and b xy =1

;fn b YX =0.64 rFkk b Xy =1 gks] rks V dk eku crkbZ;sA

Q.No.6. Explain the uses of Index Number.

lwpdkad dh mi;ksfxrk crkbZ;sA

OR

Define Index Number and write the kinds of Index Number.

lwpdkad dh ifjHkk"kk nhft;s vkSj buds izdkj crkbZ;sA

Roll No.

2

Section C

(Long answer type questions) Attempt all questions (each question carries 8 marks)

Q.No.7. Define Statistics and explain its scope and importance.

lkaf[;dh dh ifjHkk"kk nhft;s rFkk blds {ks= ,oa egRo dh foospuk dhft;sA

OR

Calculate Standard Deviation and Coefficient of variation from the following

data:

Class 0&10 10&20 20&30 30&40 40&50 50&60 60&70 70&80

Frequency 12 18 35 42 50 45 20 8

fuEufyf[kr leadksa ds izeki fopyu rFkk fopj.k xq.kkad dh x.kuk dhft;sA

oxZ% 0&10 10&20 20&30 30&40 40&50 50&60 60&70 70&80

vko`fRRk% 12 18 35 42 50 45 20 8

Q.No.8. Solve the following Simultaneous Equations.

X+Y+Z=14

5X+4Y-3Z=2

6X-3Y+2Z=16

fuEukafdr ;qxir lehdj.kksa dks gy djksA

X+Y+Z=14

5X+4Y-3Z=2

6X-3Y+2Z=16

OR

If demand function D = 150- 50 P and supply function S= 25+25 P, then;

a) Find out the equilibrium price and quantity.

b) If Government impose tax 1 Rupee per unit, then find new equilibrium

price and quantity.

;fn ek¡x Qyu D=150-50 P rFkk 'krsZa Qyu S=25+25 P, rc%

¼v½ lkE;koLFkk dher rFkk ek=k Kkr dhft;sA

¼c½ ;fn ljdkj 1 #- izfr bdkbZ dj yxkrh gS] rc u;k lkE; ewY; o ek=k Kkr

dhft;sA

Q.No.9. For demand function X=20+4P-P2,

find out elasticity of demand for P=5.

ekax Qyu X=20+4P-P2 ds fy;s ekax dh yksp Kkr dhft;s] tcfd P=5 gSA

OR

Differentiate the following function in respect of X.

(a) Y=1

𝑥 4 (b) Y=X

4+X

2

fuEufyf[kr Qyu dk X ds lkis{k vodyu dhft;sA

¼v½ Y=1

𝑥 4 ¼c½ Y=X

4+X

2

Q.No.10. Define regression and explain its importance.

izrhixeu dh ifjHkk"kk nhft;s rFkk blds egRo dks le>kbZ;sA

OR

3

The annual sales of a company are given below. Estimate the sales for the year

1994.

Years

1992 1993 1994 1995

Sales (Lakh

Rs.)

23-4 24-2 & 28-3

,d dEiuh dh okf"kZd fodzh uhps nh xbZ gSA 1994 ds fy;s fcdzh dk vuqeku

dhft;s&

o"kZ% 1992 1993 1994 1995

fcdzh¼yk[k #-½% 23-4 24-2 & 28-3

Q.No.11. What is Index Number? Describe the points to remember while constructing

Index Number.

funsZ’kkad D;k gS\ funsZ’kkad cukrs le; fdu ckrksa dk /;ku j[kuk pkfg;sA

OR

Construct Index Number by using Fisher’s Ideal Formula.

Commodity

Base year

Current year

Price

Quantity

Price

Quantity

A 4 20 6 10

B 3 15 5 20

C 2 25 3 15

D 5 10 4 40

fuEufyf[kr vk¡dM+ksa ls fQlj ds vkn’kZ lw= dk iz;ksx djrs gq;s funsZ’kkad rS;kj

dhft;sA

oLrq vk/kkj o"kZ Pkyw o"kZ

dher Ekk=k dher ek=k

A 4 20 6 10

B 3 15 5 20

C 2 25 3 15

D 5 10 4 40

---------------------------------